Korea: Taegu/Kyungpuk Textile Weaving Center in Doldrums

From: Asian Textile Business | Date: September 1, 2004| Author: Anonymous | Copyright information

The Taegu / Kungpuk textile weaving center, one of the leading textile producing centers in Asia, has fallen into a slump as a result of their deteriorating competitiveness on the international market. According to a survey conducted by the Taegu / Kungpuk Silk Fabric Weavers' Association, shuttleless looms numbered approximately 50,000 in 2001. The rate of operation was maintained at 80-90% on an average. Recently, the number of looms has decreased to only 15,000, of which the rate of operat...

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